OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

State-run oil giant ADNOC is reportedly cutting the allocation ... is still struggling to meet its OPEC quota of 1.5 mbpd and is also making efforts to raise production to about 2 mbpd.

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the U.S., Canada and Guyana continues to grow, the U.S. government said in its first set of ...